VNL 4.76% 10.0¢ vinyl group ltd

Ann: Capital Raise Update, page-20

  1. 6,541 Posts.
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    It's a rare setup, I'm not aware of any other stocks like this.

    $20mil market cap music tech co

    Songtradr (multi hundred mil co in music industry) the cornerstone with a big chunk of the register

    Songtradr CEO Paul Wiltshire invests ~$500k+ personally

    Richard White, tech billionaire puts in ~$2mil just today

    Director incentives aligned with shareholders interests, milestones based up share price 5c, 10c, 15c, 20c. Then Ken G pitched into this raise plus has a big hold.

    The only official music credits database (not crowd sourced) with 350+ data partners integrated being the moat.

    The multiple revenue streams, in early phases of growth, utilising the database as an edge.

    And now a 12 month+ cash runway.

    As others have said big money pitching in is no guarantee, but with Paul's industry experience, connections and track record it's hard not to be bullish here.
 
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